5th november,2015 daily global,regional & local rice e newsletter by riceplus magazine

Daily Global Rice E-Newsletter by Riceplus Magazine

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November 05,2015 Vol 5, Issue XI

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Rice News Headlines...

Sugar unavailable at utility stores in Multan, rice selling at lower price

Revival of rice export to Iran not possible sans currency swap deal

IPAB reserves order on Basmati-GI dispute

Iran yet to issue fresh orders for rice imports

More rice imports required next year

Lando, El Niño impact may hike rice imports by 1.3 MMT in 2016

Inflation rate stays at 0.4% in October, but NEDA chief flags

APEDA Commodity India News

Nagpur Foodgrain Prices Open-November 05

11/05/2015 Farm Bureau Market Report

Arkansas Farm Bureau Daily Commodity Report

Groups condemn additional rice imports

Rice Investors Brace for the Worst as Smugglers Prosper Again

MEXICO READY TO PURCHASE GUYANA RICE FOLLOWING VENEZUELA‘S

REFUSAL TO RENEW EXCHANGE ACCORD

Mandis to receive 40% more paddy this year: Prasad

Mississippi entomologists report on benefits of neonicotinoid seed treatments on rice

USA Rice Welcomes New Rice Stewardship Partnership Coordinator

U.S. Releases Full TPP Text

Weekly Rice Sales, Exports Reported

The Mediterranean diet— with a twist

News Detail...

Sugar unavailable at utility stores in Multan, rice selling at lower

price

Sugar has not been

available at the sale

outlets of Utility Stores

Corporation (USC) for the

last few months, while

rice and other

commodities have been

selling at the USC outlets

at lower prices, USC

Multan zone officials said

on Wednesday.Grocers

Association President

Multan Afaq Ansari,

however, said that sugar

was available in


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abundance in the local market at reasonable price.

He said that they were obtaining sugar from markets at Rs 55/kg and selling at Rs 60 per kg at retail

outlets in the open market.USC officials said that they did not receive supply of sugar from the head

office and thus the commodity was missing from their sale points.They said that USC used to obtain

sugar supply through Trading Corporation of Pakistan (TCP) but now the open tender process was

being adopted which had not yet ensured sugar supply to USC outlets.They said that 90 USC stores

were operating in Multan district and they had been selling sugar at Rs 57/kg before their stocks

exhausted few months ago.They, however, added that Ghee, flour, pulses, rice and other

commodities were available at a price far lower than the open market price.The officials said that the

companies had reduced prices of branded rice while the rice in USC packing was available at only Rs

67 per kilogram which in local market was carrying a much higher price tag.

http://www.pakistantoday.com.pk/2015/11/05/news/sugar-unavailable-at-utility-stores-in-multan-rice-

selling-at-lower-price/

Revival of rice export to Iran not possible sans currency

swap deal

November 05, 2015

LAHORE

As Iran is considering lifting ban on rice export from

Pakistan, imposed for the last one year, the exporters

believe the decision will remain ineffective until

proper currency transfer arrangements between the two

countries are made. Only effective and reliable formal

banking channel of currency transfer and Good

Manufacturing Practices (GMP) Certificates by Iran

government for Pakistani exporters can revive rice

export from Pakistan,‖ said the Rice Exporters

Association of Pakistan chairman Shafique Ch. He

said export of premium Pakistani basmati rice to Iran

had dropped significantly. The exports to Iran had

declined from about 0.45 million tons to around 0.12 million tons annually due to non-

availability of currency swap agreement. He said Iranian traders had shifted to India due to

availability of official channels of currency exchange.

Exporters expressed dismay over the vague policy in doing trade with neighbouring Iran, as

traders were facing loss of billions due to the failure of relevant government functionaries. The

basic factor behind this unwelcoming development is the failure of authorities concerned in

finalising currency swap and currency transfer channels.

‖The Indians are getting a benefit from preferential exchange rate due to availability of official

channel against Pakistani exporters, who have to transact at market rates, hence making our price


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uncompetitive. Shafique Ch also expressed disappointment over the role of local banks that were

no more accepting letters of credit for exporting goods to Iran. He said that Indian exporters do

not face such issues with Iran and had favourable trade ties at the state level.Iran is the one of the

largest rice market of the world worth around $3.2 million, as it imports around 1.4 million tons

of rice from across the world. According to the Iranian ministry, the demand for rice in Iran has

doubled during last five years and import of rice grew more than 35 percent. Hence, there exists

a huge opportunity for the exporters of Pakistani rice.

Pakistan is the fourth largest exporter of rice in the world with exports of more than $2 billion.

Before imposition of ban on rice import by Iran, Pakistan was the largest exporter of rice to Iran

which it has lost to India. Currently, almost 90 percent of rice is coming from India although

import from Pakistan is more economical. Shafique Ch said that India captured this market as no

sanctions were imposed on it by the US under the head of food versus oil programme. Under the

programme, India could export food grains and medical supplies to Iran in exchange of oil

purchase.

However, Pakistan‘s trade was routing through Bank of New York, which was suspended by the

US. Hence, Pakistan was deprived of its niche rice market of Iran which resulted in crashing of

local rice price and paddy growers incurred huge losses in their crops.Rice Exporters Association

of Pakistan Chairman asked the government to resolve the issues impeding rice trade with Iran.

The TDAP and Pakistan embassy in Iran can coordinate with Iranain government for early

issuance of GMP licences to Pakistani rice exporters from Iran which is essential for rice export

to Iran. The REAP also believes that Iran and Pakistan should have a preferential trade

agreement (PTA) with preferably a zero import duty regime on both sides. The free trade

agreement would help dampen the undocumented trade between both the countries," he added.

http://nation.com.pk/business/05-Nov-2015/revival-of-rice-export-to-iran-not-possible-sans-currency-

swap-deal

IPAB reserves order on Basmati-GI dispute Various parties related to the dispute completed argument in three consecutive days BS Reporter | Chennai November 5, 2015 Last Updated at 18:46 IST

MP argues for inclusion of the region under GI tag for basmatiBasmati rice exporters in a fix over falling

pricesBasmati exporters' realisations down 18%IPAB sets aside order passed against LupinIPAB sets

aside Patent Office's order in an appeal of HUL

The Intellectual Property Appellate Board (IPAB) has reserved

orders on the dispute between the Agricultural and Processed

Food Products Export Development Authority (Apeda) and the

State of Madhya Pradesh and others related to Geographical

Indications (GI) tag forbasmati rice, after three consecutive days

of hearing.Hearing various parties related to the dispute, including

APEDA, Madhya Pradesh Government, various organisations

namely New Darpan Social Welfare Society, Madhya Kshetra

Basmati Rice Exporters Association and Basmati Growers


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Association of Patiala, and private companies namely Daawat Foods Ltd, SSA International Ltd and

Narmada Cereals Pvt Ltd, the bench comprising ofIPAB Chairman Justice K N Basha and Technical

Member (Trade Marks) Sanjeev Kumar Chaswal decided to reserve the orders.

J Sai Deepak, the counsel for the State of Madhya Pradesh and for other parties including Daawat Foods

argued that not adding Madhya Pradesh under the GI for Basmati would have an impact on around 80,000

farmers in the region. He argued that the State's claim is to include 13 districts/regions in Madhya Pradesh

in the GI.During the hearing, Senior Advocate P S Raman, who appeared for Apeda, argued that Madhya

Pradesh is not a State which is in the Indo-Gangetic Plane (IGP) where Basmati rice is being cultivated

traditionally. It also argued that while the state claims that the rice produced there has charecteristics of

Basmati, the temperature and the day length in the State is different from the traditional Basmati

producing States and thus, it cannot be included under the GI.

While the New Darpan Social Welfare Society sought the Board to give the relief the State of Madhya

Pradesh has sought, P V Yogeswaran, counsel appearing for Basmati Growers Association of Patiala

argued that the GI should be given to places where the quality and reputation for Basmati are there.

Meanwhile a dispute raised by the Basmati Growers Association from Pakistan has been kept aside for

further hearing later.The dispute emerged after Apeda filed an application with the GI Registry to register

the name basmati for rice covering Punjab, Haryana, Delhi, Himachal Pradesh, Uttarakhand and a part of

Uttar Pradesh and Jammu and Kashmir. The State of Madhya Pradesh and others raised opposition

against the GI application seeking inclusion of the State into the GI for Basmati.

The assistant registrar of the GI Registry issued an order on December 31, 2013, in which it directed the

Apeda to file an amended GI application including the uncovered area, with map of the region clearly

demarcating the area of production within 60 days from the date of the order.Apeda filed appeal with the

IPAB against the order. Apeda has earlier filed an application for registration of basmati as GI in class 30

under the Geographical Indications of Goods (Registration & Protection) Act, 1999, without including

area in MP.The rice growers and producers claimed the rice produced in MP, particularly Morena, Bhind,

Gwalior, Sheopur, Datia, Shirpur, Guna, Vidisha, Raiben, Sehore, Hoshangabad, Jabalpur and

Narsinghpur, has the required characteristics of rice variety mentioned in the application of Apeda.

The Basmati Growers Association from Pakistan, formed to protect Basmati's interest in Pakistan,

challenged the APEDA's move in the IPAB claiming that " 'Basmati' is a name for a slender, aromatic and

long grain variety of rice grown in the specific geographical area at the foothills of the Himalayas in

Pakistan."

Business Standard

Iran yet to issue fresh orders for rice imports

APEDA Iran, the biggest destination for the aromatic and long- grained rice from India, has not

officially banned rice imports, however, in October 2014, it had suspended fresh orders due to

surplus stocks.gri-export promotion body APEDA said Iranian government has not yet resumed

issuing fresh orders for rice imports this year amid India sitting on a huge stock of basmati rice.

Iran, the biggest destination for the aromatic and long- grained rice from India, has not officially


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banned rice imports, however, in October 2014, it had suspended fresh orders due to surplus

stocks. "At present, basmati rice is being exported against the permits issued prior to October

2014. There is no official communication from the Iran government that it has resumed fresh

orders. Our embassy is seized of the matter," said A K Gupta, Director, Basmati Export

Development Foundation, APEDA.

Iran had temporarily stopped issuing fresh import permits as it had huge carry over stocks

accumulated before imposition of the US sanctions, he told PTI. All India Rice Exporters

Association (AIREA) Executive Director R Sundaresan also said there is no official word on

reports that Iran government has lifted import curbs on rice. "We spoke to Iran embassy officials

on this issue, they said there is no such development," he said. Noida-based rice exporter KRBL

Ltd Chairman Anil Mittal said if Iran starts approving new rice import contracts it would boost

domestic prices of basmati rice, which have fallen sharply in the wake of lower demand and

excess output. India has exported 3 lakh tonnes of basmati rice to Iran in the April-August period

of the 2015-16 fiscal, against 3.7 lakh tonnes in the year-ago period, as per APEDA data.

Basmati rice output in the country has risen to 8.7 million tonnes in 2014-15 compared with 6.1

million tonnes in the previous year. Iran's annual consumption of rice is estimated at around

three million tonnes. Around 2 million tonnes is produced in the country while the rest is

imported from India.

http://www.moneycontrol.com/news/economy/iran-yet-to-issue-fresh-orders-for-rice-imports-

apeda_3986001.html?utm_source=ref_article

More rice imports required next year

posted November 05, 2015 at 11:45 pm by Gabrielle H. Binaday

The government has increased the rice import target in the first half of 2016 to 1.8 million metric tons,

from an initial plan of 1.5 million tons, to ensure adequate supply of the staple, following the prolonged

El Niño dry spell and the devastation of typhoon Lando.Economic Planning Secretary and National

Economic and Development Authority director general Arsenio Balisacan said the agency proposed the

importation of an additional 300,300,000 metric tons of rice, on top of the original proposal of 1 million

MT and the already approved orders for 500,000 MT.―Our recent assessment is that would probably have

to be 1.3 million metric tons but that‘s not final. We asked the Department of Agriculture. They will also

re-asses the numbers so we have to compare notes when they have done their homework.

But obviously we will need more for the second quarter,‖ he said.Balisacan said the agency presented to

President Benigno Aquino III the draft for P19.2-billion El Niño roadmap which was revised due to

typhoon Lando. He said the initial budget proposal could get ―slightly higher‖ because the country‘s rice

bowl was ―severely hit.‖―There is a need to ensure supply adequacy and to intensify local community

efforts in areas that are highly vulnerable and exposed to adverse impacts of a prolonged dry spell,‖ he

said in a separate statement.The National Food Authority has the discretion on rice importation, but

Balisacan said the plan should also be approved by Aquino, given the huge volume involved.The Finance

department earlier said the Philippines should import more rice to cover losses in the production of the

staple food due to damage inflicted by typhoon Lando in Northern and Central Luzon.Finance


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Undersecretary and chief economist Gil Beltran said more rice imports were needed to avoid a sharp

increase in the domestic price of the commodity.―The country may have to import more rice to replace

these losses in domestic production and avoid triggering an inflationary spiral,‖ Beltran said in an

economic bulletin.

http://thestandard.com.ph/business/191190/more-rice-imports-required-next-year.html

Lando, El Niño impact may hike rice imports by 1.3 MMT in

2016 by Cai Ordinario - November 5, 2015

The interagency El Niño Task Force estimates that an additional importation of 1.3 million

metric tons (MMT) of rice is needed in the first semester of 2016.If the recommendation of the

task force is adopted by the National Food Authority (NFA) Council and approved by the

President, the country will be importing a total of 1.8 MMT of rice next year.This year the NFA

Council already approved an importation of 500,000 MT, which the government said will be

arriving in the first quarter of 2016.―Our recent assessment is that would probably have to be 1.3

MMT; but that‘s not final. We asked the Department of Agriculture [DA] that they also reassess

the numbers so we have to compare notes when they have done their homework.

But, obviously, we will need more for the second quarter,‖ Socioeconomic Planning Secretary

Arsenio M. Balisacan told reporters on Thursday.This new estimate, Balisacan said, is an

increase from the initial estimate of 1 MMT, which was made by the El Niño Task Force before

Typhoon Lando devastated Central Luzon, the country‘s ―rice bowl.‖The DA reported that as of

October 26, the extent of the damage caused by Typhoon Lando has reached P8.45 billion worth

of production losses covering crops, livestock and fisheries, as well as infrastructure.The total

production losses reached P8.42 billion. The largest production loss was in rice worth P7.21

billion, followed by high-value crops, P780.27 million.―Typhoon Lando has caused us to lose

300,000 MT of rice equivalent. But we are revalidating that because, on the other hand, the

drought was reduced. There are provinces where the months of dry spell were cut. On the other

hand, new provinces were affected by the [typhoon],‖ Balisacan said.

Apart from the additional importation of rice, the El Niño Task Force also estimated that the

amount needed to address the impact of the dry spell may be higher than expected.Balisacan

earlier said interventions to mitigate the impact of El Niño on 66 provinces will require P19.2

billion. This will finance cash-for-work programs worth P2.9 billion this year and P7.3 billion in

the first semester of next year.He added that a budget of P1.3 billion was initially earmarked for

the remaining months of 2015 and P1.9 billion for the first semester of 2016 by the Department

of Social Welfare and Development for food stamps.―It‘s a little bit more than that,‖ Balisacan

said. ―I don‘t think we should focus now on the total amount because what we are precisely

being asked to do is to reconfirm the numbers, especially to ensure that the implementing

agencies can actually implement their program because we don‘t want to have a situation where

we park the money to an agency and it‘s not utilized.‖Balisacan said the government has already

identified seven provinces that are being affected by El Niño.

These are Quirino, Aurora, Quezon, Bohol, Siquijor, Camiguin and Misamis Oriental.He said by

the end of the month toward November 2015, the number of provinces affected by the drought


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will more than double to 16 provinces. By the end of the first semester next year, some 66

provinces nationwide are expected to have been affected by El Niño.

http://www.businessmirror.com.ph/lando-el-nino-impact-may-hike-rice-imports-by-1-3-mmt-in-201 Socioeconomic Planning Sec. and NEDA Director General Arsenio Balisacan: environment favorable for low inflation, but El

Niño poses upside risks.

Inflation rate stays at 0.4% in October, but NEDA chief

flags

InterAksyon.com means BUSINESS

MANILA - With most food

prices stable and power and

fuel price movements still

low, inflation stayed at 0.4

percent in October 2015, the

same rate registered in the

previous month, according to

the National Economic and

Development Authority

(NEDA).The Philippine

Statistics Authority reported

Thursday that headline

inflation rate remained at 0.4

percent in October 2015, well

within the Bangko Sentral ng Pilipinas forecast of 0.1-0.9 percent for the period.

This is also lower than the 3.2 percent recorded in October 2014.―The current low inflation

environment is expected to continue throughout the year. This will largely be due to favorable

supply-side factors such as the availability of ample food supply and low international oil

prices,‖ said Socioeconomic Planning Secretary and NEDA chief Arsenio M. Balisacan.At the

same time, however, Balisacan said that while the environment remains favorable for low

inflation, it is important to brace for the upside risks of El Niño and its impact on consumer

prices.Such risks would come mainly from farms getting drier, thus affecting food supply; and

energy costs impacted by capacity shortfalls as some hydropower plants get affected by

drought.Inflation for the food subgroup remained stable in October 2015 due to large price

declines in bread and cereal, rice and corn.

―These offset the slight price increase in some food items such as meat and vegetables on

account of the damage caused by Typhoon Lando which affected supply,‖ the Cabinet official

said.Lower prices in electricity, gas and other fuels continued on the back of a lower generation

charge in October 2015. Prices of gasoline, kerosene, diesel, and LPG likewise remained

relatively lower due to the persistent downward movement of international crude oil

prices.Meanwhile, non-food items showed slight price increments as inflation partially increased

by 0.2 percent in October 2015.Core inflation, which excludes energy and unprocessed food


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prices, slightly increased to 1.5 percent from 1.4 percent in September 2015.However, year-to-

date core inflation slowed down to 2.0 percent relative to the 2.1 percent average in September.

‗This indicates that price adjustments across a broad range of consumer items are relatively

stable,‖ said Balisacan.

Risks from El Nino

While the environment remains favorable for low inflation, he however, warned of the upside

risks of El Niño and its impact on consumer prices.―Upside risks could come from the stronger

and prolonged El Niño‘s impact on food prices and also possible increase in utility rates given

the pending petitions for power rate adjustments,‖ he said.On food prices, Balisacan said that in

the short term, it is imperative to continue monitoring drought in agricultural areas.―There is a

need to ensure supply adequacy and to intensify local community efforts in areas that are highly

vulnerable and exposed to adverse impacts of a prolonged dry spell,‖ he said.

Drier weather conditions on account of the El Niño could adversely affect hydro-powered

generation plants and raise the cost of electricity, particularly in Mindanao, he pointed out.―It is

also important that the ongoing power projects that are expected to be delivered between

November 2015 and March 2016 will not be delayed. This will ensure that inflationary pressure

coming from power shortages is tempered. The government also needs to sustain improvements

in the policy environment to enhance private sector commitment to undertake power projects,‖

he said.

http://www.interaksyon.com/business/119802/inflation-rate-stays-at-0-4-in-october-but-neda-chief-flags-

upside-risks-from-el-nino

APEDA Commodity India News

International Benchmark Price Price on: 04-11-2015

Product Benchmark Indicators Name Price

Apricots

1 Turkish No. 2 whole pitted, CIF UK (USD/t) 4875


3 Turkish size 8, CIF UK (USD/t) 3625

Corn/Maize

1 DCE Corn Futures (USD/t) 292

2 White Maize, FOB South Africa (USD/t) 225

3 TOCOM Corn Futures (USD/t) 216

Peanuts

1 South Africa, HPS 70/80 peanuts CFR main European ports (USD/t) 1200

2 South African, HPS 40/50 peanuts CFR main European ports (USD/t) 1592

3 Argentinean 38/42 runners, CFR NW Europe (USD/t) 1200

Source:agra-net For more info


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Market Watch Commodity-wise, Market-wise Daily Price on 04-11-2015

Domestic Prices Unit Price : Rs per Qty

Product Market Center Variety Min Price Max Price

Maize

1 Hassan (Karnataka) Local 1000 1530

2 Pune (Maharashtra) Other 1550 1625

3 Dahod (Gujarat) White 1400 1562

Barley (Jau)

1 Amirgadh (Gujarat) Other 1555 1555

2 Deoli (Rajasthan) Other 1150 1250

3 Mandsaur (Madhya Pradesh) Other 1370 1370

Papaya

1 Barnala (Punjab) Other 2500 2500

2 Jalore (Rajasthan) Other 900 1200

3 Bharuch (Gujarat) Other 800 1200

Cucumbar

1 Manjeri (Kerala) Other 1300 1500

2 Pune (Maharashtra) Other 800 2500

3 Barnala (Punjab) Other 1000 1900

Source:agmarknet.nic.in For more info

Egg Rs per 100 No

Price on 04-11-2015

Product Market Center Price

1 Pune 387

2 Chittoor 363

3 Hyderabad 347

Source: e2necc.com

Other International Prices Unit Price : US$ per package

Price on 03-11-2015

Product Market Center Origin Variety Low High

Onions Dry Package: 40 lb cartons

1 Atlanta Peru Yellow 26 26.75

2 Chicago Nevada Yellow 22 24

3 Detroit Peru Yellow 25 26.50

Carrots Package: 20 1-lb film bags

1 Atlanta California Baby Peeled 20 20.75

2 Dallas Arizona Baby Peeled 17 17.50

3 Miami California Baby Peeled 17 17.50

Apples Package: cartons tray pack

1 Atlanta Virginia Red Delicious 24 24

2 Chicago Washington Red Delicious 21 23.50

3 New York California Red Delicious 20 24

Source:USDA


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International Benchmark Price

Price on: 05-11-2015

Product Benchmark Indicators Name Price

Apricots



3 Turkish size 8, CIF UK (USD/t) 3625

Corn/Maize

1 DCE Corn Futures (USD/t) 292

2 White Maize, FOB South Africa (USD/t) 223

3 TOCOM Corn Futures (USD/t) 214

Peanuts

1 South Africa, HPS 70/80 peanuts CFR main European ports (USD/t) 1200

2 South African, HPS 40/50 peanuts CFR main European ports (USD/t) 1592

3 Argentinean 38/42 runners, CFR NW Europe (USD/t) 1200

Source:agra-net For more info

Market Watch

Commodity-wise, Market-wise Daily Price on 05-11-2015

Domestic Prices Unit Price : Rs per Qty

Product Market Center Variety Min Price Max Price

Rice

1 Srirampur (Assam) Other 2950 3200

2 Bangalore (Karnataka) Medium 4000 4300


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3 Samsi (West Bengal) Fine 2790 2820

Wheat

1 Hoskote (Karnataka) Other 1874 1874

2 Dahod (Gujarat) 147 Average 1750 1850

3 Sangli (Maharashtra) Other 1700 3000

Orange

1 Chala (Kerala) Other 3000 3100

2 Jalore (Rajasthan) Other 2000 2500

3 Bharuch (Gujarat) Other 1000 2000

Cabbage

1 Chala (Kerala) Other 2200 2258

2 Shillong (Meghalaya) Other 1300 1500

3 Sirhind (Punjab) Other 800 1100

Source:agmarknet.nic.in For more info

Egg Rs per 100 No

Price on 05-11-2015

Product Market Center Price

1 Ahmedabad 380

2 Hyderabad 347

3 Nagapur 358

Source: e2necc.com

Other International Prices Unit Price : US$ per package

Price on 05-11-2015

Product Market Center Origin Variety Low High


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Potatoes Package: 50 lb cartons

1 Atlanta Colorado Russet 17 17.75

2 Chicago Idaho Russet 15 17

3 Detroit Wisconsin Russet 14 14.50

Cucumbers Package: cartons film wrapped

1 Atlanta Canada Long Seedless 13 13.50

2 Dallas California Long Seedless 17 18.50

3 Miami Honduras Long Seedless 10 10

Grapes Package: 19 lb containers bagged

1 Atlanta California Red Globe 23.50 23.75

2 Baltimore California Red Globe 24 27

3 Detroit California Red Globe 20 24

Source:USDA

Nagpur Foodgrain Prices Open-November 05

Gram prices today recoveed in Nagpur Agriculture Produce and Marketing

Committee (APMC) here on good demand from local millers amid weak supply from producing

regions.Notable rise on NCDEX, healthy hike in Madhya Pradesh gram prices and enquiries

from South-based millers also jacked up prices, according to sources.

FOODGRAINS & PULSES

GRAM

* Desi gram reported higher in open market on renewed demand from local traders amid

tight supply from producing belts.

TUAR

* Tuar varieties ruled steady in open market on poor demand from local traders amid

ample stock in ready position.

* Rice Swarna best and medium varieties firmed up in open market on increased festival

season demand from local traders amid weak supply form producing regions like Madhya

Pradesh and Chhatisgarh


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* In Akola, Tuar - 11,000-11,300, Tuar dal - 17,200-17,400, Udid -

13,900-14,300, Udid Mogar (clean) - 17,300-18,000, Moong -

10,000-10,200, Moong Mogar (clean) 11,600-11,800, Gram - 4,200-4,400,

Gram Super best bold - 6,000-6,400 for 100 kg.

* Wheat, other varieties of rice and other commodities remained steady in open market

in weak trading activity.

Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg

FOODGRAINS Available prices Previous close

Gram Auction 4,100-4,800 3,940-4,710

Gram Pink Auction n.a. 2,100-2,600

Tuar Auction n.a. 7,800-9,200

Moong Auction n.a. 6,000-6,400

Udid Auction n.a. 4,300-4,500

Masoor Auction n.a. 2,600-2,800

Gram Super Best Bold 6,400-6,600 6,400-6,600

Gram Super Best n.a. n.a.

Gram Medium Best 6,000-6,100 6,000-6,100

Gram Dal Medium n.a. n.a

Gram Mill Quality 5,000-5,100 5,000-5,100

Desi gram Raw 4,850-4,950 4,800-4,900

Gram Filter new 5,400-5,600 5,400-5,600

Gram Kabuli 5,800-7,100 5,800-7,100

Gram Pink 6,200-7,000 6,200-7,000

Tuar Fataka Best 17,500-17,800 17,500-17,800

Tuar Fataka Medium 17,000-17,300 17,000-17,300

Tuar Dal Best Phod 16,500-16,800 16,500-16,800

Tuar Dal Medium phod 15,500-15,900 15,500-15,900

Tuar Gavarani New 11,700-12,300 11,700-12,300

Tuar Karnataka 12,600-12,800 12,600-12,800

Tuar Black 18,000-18,300 18,000-18,300

Masoor dal best 8,000-8,200 8,000-8,200

Masoor dal medium 7,600-7,800 7,600-7,800

Masoor n.a. n.a.

Moong Mogar bold 11,500-12,000 11,500-12,000

Moong Mogar Med 10,000-11,000 10,000-11,000

Moong dal Chilka 9,500-9,600 9,500-9,600

Moong Mill quality n.a. n.a.

Moong Chamki best 9,000-10,000 9,000-10,000

Udid Mogar Super best (100 INR/KG) 16,500-18,500 16,500-18,500

Udid Mogar Medium (100 INR/KG) 14,500-15,500 14,500-15,500

Udid Dal Black (100 INR/KG) 10,600-11,200 10,600-11,200

Batri dal (100 INR/KG) 6,000-6,500 6,000-6,500


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Lakhodi dal (100 INR/kg) 5,200-5,300 5,200-5,300

Watana Dal (100 INR/KG) 3,200-3,400 3,200-3,400

Watana White (100 INR/KG) 3,000-3,200 3,000-3,200

Watana Green Best (100 INR/KG) 3,300-3,600 3,300-3,600

Wheat 308 (100 INR/KG) 1,600-1,700 1,600-1,700

Wheat Mill quality (100 INR/KG) 1,650-1,750 1,650-1,750

Wheat Filter (100 INR/KG) 1,550-1,750 1,550-1,750

Wheat Lokwan best (100 INR/KG) 2,200-2,400 2,200-2,400

Wheat Lokwan medium (100 INR/KG) 1,950-2,100 1,950-2,100

Lokwan Hath Binar (100 INR/KG) n.a. n.a.

MP Sharbati Best (100 INR/KG) 3,400-4,000 3,400-4,100

MP Sharbati Medium (100 INR/KG) 2,600-2,800 2,600-2,900

Rice BPT best (100 INR/KG) 2,800-3,200 2,800-3,200

Rice BPT medium (100 INR/KG) 2,600-2,800 2,600-2,800

Rice Parmal (100 INR/KG) 1,600-1,800 1,600-1,800

Rice Swarna best (100 INR/KG) 2,100-2,450 2,100-2,200

Rice Swarna medium (100 INR/KG) 1,800-2,200 1,800-1,900

Rice HMT best (100 INR/KG) 3,400-3,800 3,400-3,800

Rice HMT medium (100 INR/KG) 3,100-3,300 3,100-3,300

Rice HMT Shriram best(100 INR/KG) 4,200-4,500 4,200-4,500

Rice HMT Shriram med.(100 INR/KG) 3,600-4,100 3,600-4,100

Rice Basmati best (100 INR/KG) 8,000-10,000 8,000-10,000

Rice Basmati Medium (100 INR/KG) 7,000-7,500 7,000-7,500

Rice Chinnor best(100 INR/KG) 5,200-5,400 5,200-5,500

Rice Chinnor medium (100 INR/KG) 4,600-5,000 4,700-5,000

Jowar Gavarani (100 INR/KG) 1,900-2,200 1,900-2,200

Jowar CH-5 (100 INR/KG) 1,700-1,900 1,700-1,900

WEATHER (NAGPUR)

Maximum temp. 32.3 degree Celsius (90.1 degree Fahrenheit), minimum temp.

19.9 degree Celsius (67.8 degree Fahrenheit)

Humidity: Highest - n.a., lowest - n.a.

Rainfall : n.a.

FORECAST: Mainly clear sky. Maximum and minimum temperature would be around and 32

and 20 degree Celsius respectively.

Note: n.a.--not available

(For oils, transport costs are excluded from plant delivery prices, butincluded in market prices.) http://in.reuters.com/article/2015/11/05/nagpur-foodgrain-idINL3N1303DG20151105

11/05/2015 Farm Bureau Market Report Rice

High Low

Long Grain Cash Bids


16

Long Grain New Crop

Futures: ROUGH RICE

High Low Last Change

Nov '15 1216.0 1216.0 1219.0 +2.0

Jan '16 1248.5 1235.0 1245.5 +1.0

Mar '16 1274.0 1264.0 1271.5 +1.0

May '16

1296.5 +1.0

Jul '16

1320.5 +1.5

Sep '16

1281.5 +1.5

Nov '16

1281.5 +1.5

Rice Comment Rice futures were higher again today. Global production problems have helped support the market since the

summer. Traders will begin rolling out of November contracts soon to avoid delivery as the contract expires.

January completed a 62% retracement on Thursday to $11.55 and has bounced off support at that level and has

put 90 cents back on the market. Arkansas Farm Bureau Daily Commodity Report Rice

High Low

Long Grain Cash Bids

Long Grain New Crop

Futures:

High Low Last Change

Nov '15 1216.0 1216.0 1219.0 +2.0

Jan '16 1248.5 1235.0 1245.5 +1.0

Mar '16 1274.0 1264.0 1271.5 +1.0

May '16 1296.5 +1.0

Jul '16 1320.5 +1.5

Sep '16 1281.5 +1.5

Nov '16 1281.5 +1.5

Rice Comment

Rice futures were higher again today. Global production problems have helped support the

market since the summer. Traders will begin rolling out of November contracts soon to

avoid delivery as the contract expires. January completed a 62% retracement on Thursday


17

to $11.55 and has bounced off support at that level and has put 90 cents back on the

market.

http://www.arfb.com/mobile/commodity.aspx

Groups condemn additional rice imports posted November 05, 2015 at 12:01 am by Dexter A. See

ROSALES, Pangasinan—Agricultural groups have condemned the announcement of National

Economic and Development Authority director-general Arsenio Balisacan that the agency was

proposing the importation of an additional 1 million metric tons of rice for the first quarter 2016.

Samahang Industriya sa Agrikultura chairman and Abono Party-list chairman Rosendo So said

they would instead prefer an increased budget for crop insurance to broaden the scope of the

farmers whose crops were affected by natural calamities.The additional funds would also help in

the irrigation of crop fields to sustain the production of rice farmers.

―Instead of justifying the need for another round of rice importation bonanza that are only

helping the rice industry of other countries, we appeal to the government to provide all possible

incentives to help our rice farmers recover from Typhoon Lando,‖ So stated. According to their

statement, imported rice would cost $415 per metric ton. The amount could be channeled to

subsidize seeds, farm inputs and irrigation, and the broadened insurance coverage.Sinag and

Abono Party-list also demanded the government to increase the budget allotted for Philippine

Crop Insurance Corp. The government‘s allocated budget was P1.6 billion. They said that the

increase in budget would help the agency in broadening the scope of insurance grantees.

http://thestandard.com.ph/news/-provinces/191123/groups-condemn-additional-rice-imports.html

Rice Investors Brace for the Worst as Smugglers Prosper

Again 05 Nov 2015

Rice farm

Crusoe Osagie

Smuggling of rice across the Nigerian borders has reached prohibitive levels, with hundreds of

trailers plying back and forth from neighbouring countries carrying illegal shipments of the

staple food, THISDAY has learnt.

The nation‘s supply gap was estimated at around 3 million tonnes by United States Department

of Agriculture (USDA) and half that number by the federal government earlier this

year.THISDAY also gathered on Wednesday that legal importers paying full tariff of 70 per cent

have not been able to compete with smugglers who enjoy a free ride into the market, aided by

negligible tariffs in neighbouring Cameroun and Republic of Benin, taking advantage of porous

borders.Market watchers however added that another pertinent problem hamstringing rice


18

investors is the Central Bank of Nigeria (CBN) ban of foreign exchange for rice imports, among

other products, choking the importation supply chain.

Investigations revealed that the

resultant shortage in the market

is now being exploited by

smugglers, who prospered

significantly in 2013 when they

were able to move in around 2.5

million tonnes through the

borders, without paying a single

Kobo as import duty.Earlier in

2013, the federal government

increased the importation tariff

to 110 per cent as against zero

duty regime administered in

Benin and Cameroun.

It was reliably gathered that as the Nigeria Customs Service (NCS) struggles to rope in the

smugglers, the market is rapidly filling up with cheap quality rice, frustrating efforts of

commercial agriculture by key investors in the rice value chain. Large multinationals including

Olam, Stallion Group and Dangote have announced large scale investments in the value chain

that are crucial in Nigeria‘s quest to meet a growing annual demand of 6.5 million tonnes per

annum. Stallion Group is expanding its capacities to produce 1.5 million tonnes in Nigeria,

whilst Dangote has announced plans to farm 100,000 hectares for rice production. Effective

curbing of rice smuggling is essential to get these projects to fruition and encourage millions of

farmers to get back intensively to rice farming.

The National Rice Millers Association of Nigeria (NRMAN), said this week that the Nigerian

Customs Service erred in its decision to lift the ban on importation of rice through the land

borders. The Chairman of the association, Mohammed Abubakar, said the Customs overreached

its statutory mandate as an enforcement agency in taking such a policy decision. Besides,

Abubakar said, if the Customs succeeded in its decision, it would destroy Nigeria‘s rice value

chain attained by the previous administration.Reports emerged that the huge influx has been

noticed in the market from last Saturday, the worst affected being Lagos and the enfire South-

west. Rice arrives in big trailers with 1200-1500 numbers of 50kg bags from Cotonou. There is

substantial under-declaration and non-payment aspects in these shipments, making it non-viable

for legal importers and local producers to compete with these shipments.

The reports noted that several long trailers are noticed during the night time directly plying from

Cotonou bearing Benin number plates (RB) into the Daleko and Gcappa markets. Apart from

these big trailers, smaller J5 Buses which carry 200 bags each are also used by these

unscrupulous smugglers to ship products during the day time, it was gathered.According to

investigations,the affected states are Lagos, Ogun, Osun, Oyo, Kwarra, Ondo and Ekiti. Other

States adversely impacted are Sokoto, Katsina, Kaduna, Kano, Abuja, Niger and Plateau – all

coming in from Cotonou, Niger.Furthermore, rice from Cameroun through Northern Nigeria is


19

flooding Adamawa, Borno, Yobe, Taraba, Benue and Enugu. Affected states from the South-east

and South-south are Cross River, Akwa-Ibom, Abia and Enugu. Tags: Featured, Nigeria, RICE, Business

http://www.thisdaylive.com/articles/rice-investors-brace-for-the-worst-as-smugglers-prosper-

again/224739/

MEXICO READY TO PURCHASE GUYANA RICE

FOLLOWING VENEZUELA’S REFUSAL TO RENEW

EXCHANGE ACCORD

Caribbean Digital Network | November 5, 2015

The Guyana government says Mexico has indicated a willingness to fast track an agreement to

purchase paddy rice from the Caribbean country. A statement released by the Office of Prime

Minister Moses Nagamootoo said that Mexico‘s Agriculture Minister Jose Calzada has given the

assurance that he would fast track arrangements to buy Guyana‘s paddy.(Merco Press) – The

statement quoted him as saying that he would also seek to encourage the private sector to enter

into contracts with Guyanese millers.Last month, Nagamootoo met with Calzada whilst

attending the Open Governance Summit in Mexico City.

The David Granger administration has been seeking new markets after Guyana is recording

increased production and a decision by Venezuela not to renew an agreement under which the

rice was exported to that country in exchange for energy products.A government statement in

Georgetown noted that Guyana‘s production in the first half of 2015 was 359,960 tonnes, 15.3%

more than last year‘s record high, first-half production of 312,283 tons.Meanwhile, the Guyana

Rice Development Board (GRDB) is conducting an investigation into media reports that ‗fake‘


20

seed paddy were being distributed to farmers. Technical advisers within the GRDB say the

inferior quality may be as a result from bad storage

http://www.caribbeandigitalnetwork.com/mexico-ready-to-purchase-guyana-rice-following-venezuelas-

refusal-to-renew-exchange-accord/

Mandis to receive 40% more paddy this year: Prasad Posted at: Nov 5 2015 12:39AM

Sushil Manav

Tribune News Service

Fatehabad, November 4 Amidst reports of distress sale of paddy by farmers owing to an indifferent attitude of procurement

agencies, SS Prasad, Additional Chief Secretary of the Food and Supplies Department, today visited

the Fatehabad grain market and said every grain of farmers‘ crop would be purchased and timely

payments be ensured.―We had started procurement of paddy a week ahead of the schedule, but since

the arrival of paddy is expected to remain 40 per cent more than last year‘s procurement, farmers are

facing a little hardship,‖ he said.Prasad said the total procurement of paddy was 30 lakh metric

tonnes (MT) last year, but the procurements had already crossed 38.75 lakh MT this year and was

likely to reach 42 lakh MT.

Prasad asked officials concerned to ensure that farmers‘ crop was procured at the MSP of Rs 1,450

and not on a lesser amount.Addressing a meeting of officials of the procurement agencies, Prasad

said rice millers would be given much more paddy than last year for custom milling, but it was

important that mills should deliver custom milled rice (CMR) to the government in time.―The millers

have promised to deliver custom miller rice to the government by September next year, but we will

make sure that it was delivered by March,‖ he said, adding that Deputy Commissioners would be

duty bound to ensure timely delivery of CMR by millers and they would review the progress in

weekly meetings.Deputy Commissioner NK Solanki said about 3.98 lakh MT of paddy had arrived in

various grain markets of the district so far, which is 69 lakh MT more than total procurement last

year.

http://www.tribuneindia.com/news/haryana/mandis-to-receive-40-more-paddy-this-year-

prasad/154603.html

Mississippi entomologists report on benefits of neonicotinoid

seed treatments on rice

posted by news on november 4, 2015 - 3:31pm


21

According to researchers from Mississippi State

University, rice seeds that are pre-treated with

neonicotinoid pesticides yield better than

untreated crops and suffer less damage from rice

water weevil, the most widely distributed and

destructive early-season insect pest of rice in the

United States. However, the economic benefits of

investing in pre-treated seed depend on the level

of insect pressure. The results of their study have

been published in the Journal of Economic

Entomology."There was no observed yield or

economic benefit from the use of an insecticidal

seed treatment in areas of low pressure," they

wrote. However, "All seed treatments showed an

economic advantage in areas of high weevil

pressure."Determining an "economic threshold" -

- the pest density at which management action

should be taken to prevent an increasing pest population from reaching an economically damaging level --

is one of the key concepts of Integrated Pest Management (IPM). This study seems to confirm the validity

of economic thresholds. If insect pressure is low, then the cost of the neonic-treated seeds may not be

worth paying for; if insect pressure is high, then the money saved by investing in the treated seeds will

probably be well worth it.

A rice water weevil, Lissorhoptrus oryzophilus, is the most widely distributed and destructive early-

season insect pest of rice in the United States. Credit: Ken Walker, Museum Victoria, Melbourne

Australia, bugwood.org."The problem with rice water weevil is that it does not infest the field until it is

flooded, about 3-5 weeks after planting," said Dr. Jeff Gore, one of the co-authors. "Based on most of our

research, we see an economic benefit of neonicotinoid seed treatments on 70-80 percent of the rice grown

in the state annually. Unfortunately, we are not able to accurately predict which fields will have a

significant infestation because of when infestations occur relative to when the crop is planted. As a result,

we recommend a seed treatment on all of our rice in Mississippi."

http://www.sciencecodex.com/mississippi_entomologists_report_on_benefits_of_neonicotinoid_seed_treatments_on

_rice-

168937?utm_source=USA+Rice+Daily%2C+November+5%2C+2015&utm_campaign=Friday%2C+December+13

%2C+2013&utm_medium=email

USA Rice Daily

USA Rice Welcomes New Rice Stewardship Partnership

Coordinator Thursday, November 5, 2015

We've got a 'Hankins' for sustainability

ARLINGTON, VA -- Conservation and sustainability are more than buzz words for the U.S. rice industry

and to underscore that commitment to these principles USA Rice has hired Josh Hankins as the new Rice


22

Stewardship Partnership Coordinator. The coordinator position is

funded using technical assistance money provided through the

Regional Conservation Partnership Program (RCPP) grant that USA

Rice and Ducks Unlimited received earlier this year. Josh is

headquartered in Arkansas and will lead efforts to deliver on-the-

ground conservation initiatives, assisting rice producers with

increased on-farm energy and nutrient use efficiencies, water and soil

conservation, and wildlife management. He will work in close

collaboration with the Arkansas Rice Federation and DU's southern

region Director of Conservation Programs located in Jackson,

Mississippi.Josh has wide ranging work experience in the fields of agriculture, finance, and medicine. He

is the founder and owner of Absolute Wildlife, Inc., a company that specializes in nuisance wildlife

control, and he also owns a real estate investment company.

Josh, his wife, Emily, and their two daughters live in Little Rock.

Contact: Deborah Willenborg (703) 236-1444

U.S. Releases Full TPP Text

WASHINGTON, DC -- Today, the Office of the U.S. Trade Representative released the full text of the

Trans Pacific Partnership agreement (TPP) which was concluded on October 5.

"We welcome the release of the TPP text and look

forward to examining the rice market access

provisions," said USA Rice COO Bob Cummings.

"The text is extensive, and we want to verify and

understand better the access we've been promised,

and to assess the true value of the agreement for the

U.S. rice industry."Today's release of the text is the

beginning step in eventual congressional

consideration of the TPP. President Obama is

required to inform Congress 90 days beforehand of

his intention to sign the TPP agreement and reports

indicate that notification will occur shortly. Formal

congressional consideration awaits the president's signature as well as conclusion of an analysis of the

effect of the agreement on the economy by the U.S. International Trade Commission (USITC). The

USITC has 105 days after the president announces his intention to sign the agreement to complete this

analysis.

The earliest that Congress's review could begin is likely March 2016 and many believe that action will not

take place until after the November 2016 elections.

Contact: Michael Klein (703) 236-1458

Weekly Rice Sales, Exports Reported


23

WASHINGTON, DC -- Net rice sales of 81,400 MT for 2015/2016 were down 28 percent from the

previous week, but up 27 from the prior four-week average, according to today's Export Sales Highlights

report. Increases were reported for Mexico (20,500 MT), Haiti (18,600 MT), Colombia (16,900 MT),

unknown destinations (10,100 MT), and Taiwan (6,100 MT). Exports of 45,500 MT, down 42 percent

from the previous week and 39 percent from the prior four-week average, were reported to Mexico

(26,500 MT), Japan (12,100 MT), Canada (2,500 MT), South Korea (1,400 MT), and Jordan (1,100 MT).

This summary is based on reports from exporters from the period October 23-29, 2015.

The Mediterranean diet— with a twist 2015-11-05 / On the Town

If you want to take a trip to the Mediterranean but time and obligations won‘t allow it, you can

experience the wonderful, exotic tastes and amazing, beautiful atmosphere of Jordan in

Thousand Oaks at Petra Mediterranean Cuisine.Nestled in the northeast corner of the Paseo

Marketplace on Thousand Oaks Boulevard, the building‘s exterior belies the grand interior of the

restaurant designed by owner Ahed Rabadi.Named after a historical Jordanian city built into

stone, Petra reflects some of the archaeological origins of that beautiful area with its columns and


24

large stained glass homage to the city.―It‘s the eighth wonder of the world,‖ said Rabadi about

the city.

And he‘s created a local establishment that is wondrous all on its own.The concept took him

about a year and a half to bring to fruition, and his attention to detail is noteworthy.DINNER

DELIGHT—Above, lamb chops seasoned with black pepper, rosemary and thyme, served

with basmati rice and veggies. Below, Petra owner Ahed Rabadi on the job. Courtesy of

PetraOpen for six months now, the establishment sports a 7,000-square-foot interior that‘s

perfect for large parties and banquets. Think wedding receptions, family reunions or office

parties that would make use of the stage for entertainment and the lovely travertine floor for

dancing.Within the expansive space, there are cozy seating areas perfect for romantic dinners for

two or family nights out.

As sleek and sophisticated as the interior is—with its limestone walls, white stone dual-

fireplace, wine cellar nook and polished 32-foot-long onyx bar with snazzy illuminated backdrop

bar area for bottles—the large, 1,100-square-foot patio remains rustic and charming with

columns, waterfalls and lush plants.So no matter what kind of atmosphere you‘re seeking, you‘ll

certainly find it at Petra. And all of this even before you taste the delicate and wonderfully spiced

flavors of its fine, authentic Mediterranean cuisineabadi himself has developed all the recipes.―I

learned cooking from my mom,‖ he said, and he‘s added his own twist to what‘s become known

in the western world as the healthy Mediterranean diet.This is a restaurant where carnivores and

vegetarians alike can dine in complete accord. prepared appetizers, including the doughnut-

shaped falafel made with garbanzo beans, onion, parsley and spices.

Rabadi explains that each city in the area, including Jordan, Palestine, Syria and Lebanon, offers

similar food, but the spices used in the dishes differ slightly, as do some of the names. Moutabal

and baba ganoush, for example, are both appetizers made from grilled eggplant. The Petra

version is sublime, a must-have delight that is smoky with a touch of garlic, onion, sesame oil

and lemon juice.Rabadi makes sure that only the finest ingredients are used in his dishes, like

expensive oils, tahini, clarified butter and homemade yogurt, as well as spices and products he

has shipped directly from Jordan so his customers get the true taste of his homeland.

From the first bite of an appetizer, which might include tasty homemade pita bread that you can

dunk into hummus, zucchini dip or a lovely oil with thyme blend, to any item on the menu, your

taste buds will delight in this fine Mediterranean cuisine.Try a dish of fresh tabouli, made from

parsley, onion, cu- cumber, lemon and tomato. The maqluba with rice is a must-try for the

newcomer to this cuisine.Lamb lovers will appreciate lamb chops or the popular mansaf, a

traditional Jordanian dish made with lamb shank cooked in fermented, dried yogurt sauce and

served with rice.The rice is some of the best I‘ve tasted, light yet complex and beautiful to look

at: saffron-tinged grains topped with slivered almonds and pine nuts.Be prepared to receive

ample portions of everything at Petra.―This is the Jordanian way,‖ said Rabadi. ―We‘re very

generous with food.‖In addition to live music during the week, there will soon be a belly-dance

show and a piano bar.

Petra Mediterranean Cuisine is at 3731 E. Thousand Oaks Blvd. For more information, call (805)

497-6767 or go towww.petrarestaurantla.com

The acron

5th november,2015 daily global,regional & local rice e newsletter by riceplus magazine

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